Barium carbonate, also known as witherite, is a chemical compound used in rat poison, bricks, ceramic glazes and cement. Barium carbonate has high demand from glass industry and gives luster and increase the refractive index of the glass.
The increasing demand for Barium carbonate drives the market. Barium carbonate is majorly used for manufacturing and glazing ceramic tiles since it acts as a crystallizing and matting agent which combines with specific colouring oxides to synthesise unique colours. A surge in the construction activities in the developing regions and the increasing use of tiles have influenced the market growth.Barium carbonate increases the refractive index and lustre of glass which makes it suitable for use in the glass industry. Apart from this, it is also used in the production of cathode ray tubes, optical glass, glass filters and borosilicate glass.Other factors such as increasing government expenditure on infrastructural activities, growing population, inflating disposable incomes and rising preference for a luxury lifestyle are bolstering the barium carbonate market growth across the world.
However, consumption of barium carbonate can cause convulsions, gastrointestinal disorders, muscle paralysis and tendon reflexes. Due to this, several governments in the developed countries have implemented stringent regulations on the usage of barium carbonate, thereby hampering the market growth.
In 2019, the market size of Barium Carbonate is 460000 million US$ and it will reach 1098900 million US$ in 2025, growing at a CAGR of 11.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Barium Carbonate.
This report studies the global market size of Barium Carbonate, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Barium Carbonate production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Solvay
American Elements
Santa Cruz Biotechnology
Chemical Products Corporation
IBC Limited
Maruti Chemicals Company
Rahul Barium Chemicals
...
Market Segment by Product Type
(2N) 99% Barium Carbonate
(3N) 99.9% Barium Carbonate
(4N) 99.99% Barium Carbonate
(5N) 99.999% Barium Carbonate
Market Segment by Application
Ceramic Glass
Tiles
Bricks and Clay
Barium Ferrite
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Barium Carbonate status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Barium Carbonate manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Barium Carbonate are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Barium Carbonate. Industry analysis & Market Report on Barium Carbonate is a syndicated market report, published as Global (United States, European Union and China) Barium Carbonate Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Barium Carbonate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.